Interest rates are creeping up and DBS/POSB is back with another top-up promotion just launched three days ago.
They have called it the Chinese New Year Cash Gift Promotion.
Simply top-up $1000 to $1,000,000 to your DBS/POSB account from other banks and you will earn 1.88% on that amount.
The money that you transfer will be earmarked (can’t be withdrawn) for one year.
The first 10,000 to take up this promotion will also get an additional $88 cash bonus.
How to qualify:
For the full terms and conditions, you may refer to here: